What CPOs Need to Know About Big Data to Become a Valued Business Partner

How top procurement organizations make the most of the big data

The road to improving procurement's performance runs directly through big data. As the role of procurement evolves from transactional facilitator to trusted business advisor, mastery of the new generation of analytics ("Big data") will become a key enabler. While executives are demanding more sophisticated insights from procurement, significant barriers exist.

Download The Hackett Group's research paper and you will learn:

Key benefits of advanced analytics

How procurement can get more value out of big data

Top 5 challenges that hinder the efficiency and effectiveness of procurement analytics, and how to overcome them

Analytical methods used to support planning and analysis

Key takeaways for your procurement organization

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About The Hackett Group

The Hackett Group helps companies significantly improve the efficiency and effectiveness of their organizations. We objectively measure business performance and provide fact-based transformation plans for achieving and sustaining world class, based on data and analysis from more than 13,000 benchmarks. For the typical Global 1000 company, this could mean as much $302 million in cost savings and more than $3.2 billion in working capital.

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To learn more about The Hackett Group and how we can help your company sharply reduce costs while improving business effectiveness, please contact us at 1 866 844 6514 (US - Toll-Free), +44 20 7398 9100 (UK) or +61 2 9299 8830 (AU).